Co-op says cyber attack cost it £206m in revenue

The Co-op has mentioned the cyber assault it suffered earlier this yr price it at the least £206m in misplaced revenues.The retailer’s IT networks have been infiltrated by hackers in April, resulted in cost issues, widespread shortages of products in retailers, and the lack of buyer information.Co-op chair Debbie White mentioned the “malicious” assault had triggered “important challenges” within the first half of 2025.She added the group should now rebuild “higher and stronger to fulfill the challenges and alternatives that lie forward”.General, the retailer reported a £75m underlying pre-tax loss within the six months to five July, in comparison with a £3m revenue in the identical interval a yr earlier.The complete price of the assault could possibly be a lot larger because the Co-op mentioned it was additionally anticipating there to be some influence to its enterprise within the second half of the yr.